Overlimit fee
Cards & borrowingA fee charged when you exceed your credit limit.
Overview
Some lenders no longer charge overlimit fees, but policies vary.
Exceeding limits can still affect your credit profile.
Why it matters
- It increases your costs.
- It can signal risky credit use.
- It may trigger a limit review.
FAQs
Are overlimit fees still allowed?
Some lenders charge them, but rules have tightened.
Does going overlimit affect my score?
It can if it leads to high utilisation or missed payments.
Related terms
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